Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? We broke that record in 2023. We set a record in 2022. And we are breaking it again today.

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CPA auditor Tax audit 96

Ronika Khanna CPA,CA

FEBRUARY 23, 2023

Probably the most popular question posed to accountants and tax preparers (especially around this time of year) is “what types of expenses are deductible?”. This form can be found in most online tax filing software including Ufile and TurboTax. Corporations are required to file a separate corporate tax return.

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Tax tax return business tax income tax 52

xendoo

DECEMBER 11, 2022

Corporation Income Tax Return, is an IRS form that certain businesses use to file taxes. It helps businesses report their yearly profits and losses to determine their tax liability. Businesses can also use Form 1120 to report the gains or losses from the sale of assets and any taxes due from foreign income.

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Tax income tax tax return bookkeeping 52

CPA Practice

MARCH 26, 2024

Here’s how Lorquet, who pleaded guilty to money laundering in 2023 and was sentenced this month to six years in prison, pulled off his pandemic loan scheme, according to federal court records. The bad actors ranged from shady business owners to pseudo tax preparers to internet-type criminals, according to law enforcement officials.

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Real Estate Florida payroll Government 125

Going Concern

JULY 21, 2023

Waldref said between 2020 and 2023, 25-year-old Carol Casilla of Spokane worked for Spokane Dermatology Clinic (SDC) as an accountant, during which time she allegedly stole over $715,000 via fraud. PwC, which triggered the inquiry with its tax leaks scandal, has provided its agreement but asked the committee to keep it confidential.

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audit Tax Manufacturing Government 91